secwatch.observer — SEC 8-K summary
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Issuer:     LEE ENTERPRISES, Inc (LEE)
CIK:        0000058361
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001628280-23-005972
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lee Enterprises Q1 digital revenue up 17% to $65M; reaffirms FY2023 Adjusted EBITDA guidance
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- Total operating revenue $185M; net income $2M; Adjusted EBITDA $18M.
- Digital-only subscribers 564,000 (+25% YoY); digital subscription revenue +56% YoY.
- Amplified Digital revenue $21M (+45% YoY); total digital advertising +12% YoY.
- Debt principal $462.6M at 9% fixed rate, 25-year maturity; cash $18.3M.
- FY2023 outlook: Total Digital Revenue $270-285M; Adjusted EBITDA $94-100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58361/000162828023005972/0001628280-23-005972-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58361/000162828023005972/lee-20230302.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-005972

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer